With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...
Thursday, reducing the average to its cheapest level since mid-December. Rates also fell for many other refi loan types.
If you're in the market for a new home, or you're thinking about refinancing your current mortgage, you may have faced some challenges. With high mortgage rates and a limited inventory of ...
Applications for a mortgage to purchase a home were flat for the week and 3% higher than the same week one year ago.
The Fed maintained the federal funds rate at its peak level for almost 14 months, beginning in July 2023. But in September, the central bank announced a first rate cut of 0.50 percentage points, and ...
Year over year, the MBA refinance index was up 111% while the purchase index was only up 7%. MBA vice president Joel Kan noted that three weeks of higher mortgage rates has cooled the pace of ...
Trump could order the Treasury Department to start buying mortgage-backed securities, like when the Federal Reserve bought ...
Mortgage applications fell 1.2% from the previous week, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage ...
If you're planning to buy a house soon, it helps to know what could happen with the mortgage rate environment.